In the last trading session, 2.11 million shares of the Microbot Medical Inc (NASDAQ:MBOT) were traded, and its beta was 1.48. Most recently the company’s share price was $1.82, and it changed around $0.18 or 10.98% from the last close, which brings the market valuation of the company to $51.02M. MBOT currently trades at a discount to its 52-week high of $3.38, offering almost -85.71% off that amount. The share price’s 52-week low was $0.82, which indicates that the current value has risen by an impressive 54.95% since then. We note from Microbot Medical Inc’s average daily trading volume that its 10-day average is 12.72 million shares, with the 3-month average coming to 2.34 million.
Microbot Medical Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended MBOT as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Microbot Medical Inc is expected to report earnings per share of 0 for the current quarter.
Microbot Medical Inc (NASDAQ:MBOT) trade information
Instantly MBOT has showed a green trend with a performance of 10.98% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.9300 on recent trading dayincreased the stock’s daily price by 5.7%. The company’s shares are currently up 62.50% year-to-date, but still up 2.25% over the last five days. On the other hand, Microbot Medical Inc (NASDAQ:MBOT) is 80.20% up in the 30-day period. We can see from the shorts that 0.57 million shares have been sold at a short interest cover period of 2.65 day(s).
Microbot Medical Inc (MBOT) estimates and forecasts
Microbot Medical Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 73.33 percent over the past six months and at a 37.14% annual growth rate that is well above the industry average of 15.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 15.28%.
MBOT Dividends
Microbot Medical Inc’s next quarterly earnings report is expected to be released in February.
Microbot Medical Inc (NASDAQ:MBOT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.43% of Microbot Medical Inc shares, and 7.46% of them are in the hands of institutional investors. The stock currently has a share float of 7.57%. Microbot Medical Inc stock is held by 36.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 3.2694% of the shares, which is about 0.46 million shares worth $0.47 million.
BLACKROCK INC., with 0.9773% or 0.14 million shares worth $0.14 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
